Banks that looked set to take steep losses on a long-stalled debt sale for PureGym received unexpected support from this week’s Covid-19 vaccine breakthrough, which boosted demand for junk bonds from the UK’s largest exercise chain and helped lenders make it out...
France-headquartered private equity firm PAI Partners has sealed three deals in the food sector in Europe this week. The firm announced the acquisition of British food brands Addo Food Group and Winterbotham Darby to create a “leading UK chilled food...
British engineering company Rolls-Royce said shareholders signed up for 94% of new shares it issued as part of a 2 billion pound ($2.64 billion) rights issue to bolster its finances after the pandemic stopped planes flying. Rolls-Royce said on Thursday that the...
Blackstone Group Inc. has agreed to acquire the glass unit of Indian conglomerate Piramal Enterprises Ltd. for about $1 billion, according to people with knowledge of the matter. The transaction could be announced as soon as in the next few weeks, one of the people...
Norwegian private equity group HitecVision and Italy’s Eni have formed a joint venture to develop renewable energy in the Nordic region, building on their existing cooperation in oil, they said on Wednesday. The Vaargroenn venture, 69.6% owned by Eni, aims to install... 